CTM: Client Wins Offset 'Negative Sentiment' for Revenue Growth; Layoffs at Sonder

Podcast Episode 2: Look who's talking to Michael B. Baker this week 

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February 22, 2024 CTM: Client Wins Offset 'Negative Sentiment' for Revenue Growth By Michael B. Baker Corporate Travel Management reported a 25 percent increase in revenue in the first half of its 2024 fiscal year despite "negative travel sentiment" that hit in its second quarter. CTM noted that has "dissipated" starting in January. Keep Reading Sonder to Lay Off 17 Percent of Corp. Workforce Sonder looks again to workforce reductions to shore up finances. The latest is expected to deliver $11 million in annualized savings. Keep Reading ARC Integrates TAP NDC into Direct Connect Airlines Reporting Corp. has completed the integration of TAP Air Portugal's New Distribution Capability offering into its ARC Direct Connect program. Keep Reading GlobalStar Adds Belgian TMC Triton to Network GlobalStar Travel Management has expanded its network with the addition of Belgium-based travel management company Triton Travel as a partner. Keep Reading Emirates to Add Bogotá Service via Miami Emirates on June 3 will launch daily service between Dubai and Bogotá, Colombia, via Miami, the carrier announced Wednesday. Keep Reading Air Canada to Add Motorcoach Airport Connections Air Canada beginning in May 2024 will connect airports in southern Ontario with the carrier's hub in Toronto via motorcoaches through a partnership with The Landline Company. Keep Reading Out Of Business, Journera Looks To Sell Intellectual Property Subscribe to the Beat Business demand continued to strengthen, both in terms of occupancy and pricing. We returned to regular renegotiation of corporate rates on an annual basis, which continues to drive ADR." - IHG's Michael Glover Read More BTN Playlist: What to Watch 2024 Episode 2: 'Social Capital' Key to Business Travel's Value How do you measure "the stuff that captures hearts and minds" as a key value of business travel? Festive Road's Paul Tilstone and BTN's Michael B. Baker consider the impact and where it could lead. Listen Now 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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